Portico International : NOTICE OF COURT MEETING

The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this joint announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this joint announcement.

This joint announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities of the Offeror or PIHL.

IN THE SUPREME COURT OF BERMUDA CIVIL JURISDICTION

2018: NO. 221

IN THE MATTER OF

PORTICO INTERNATIONAL HOLDINGS LIMITED

AND

IN THE MATTER OF SECTION 99 OF THE COMPANIES ACT 1981 OF BERMUDA

SCHEME OF ARRANGEMENT

Under Section 99 of the Companies Act 1981 of Bermuda

NOTICE OF COURT MEETING

NOTICE IS HEREBY GIVEN that, by an order dated 29 June 2018 (the ''Order'') made in the above matters, the Supreme Court of Bermuda (the ''Court'') has directed a meeting (the ''Meeting'' ) to be convened of the holders of the Scheme Shares (as defined in the scheme of arrangement hereinafter mentioned) for the purpose of considering and, if thought fit, approving, with or without modification, a scheme of arrangement proposed to be made between Portico International Holdings Limited (''PIHL'') and the holders of the Scheme Shares (the ''Scheme''), and that the Meeting will be held at Dorsett Wanchai, Hong Kong at 387-397 Queen's Road East, Wan Chai, Hong Kong on Friday, 27 July 2018, at 4:00 p.m. at which place and time all holders of the Scheme Shares are requested to attend.

A copy of the Scheme and a copy of an explanatory statement (the ''Explanatory Statement'') explaining the effect of the Scheme, required to be furnished pursuant to Section 100 of the above mentioned Companies Act, are incorporated in the document of which this Notice forms part.

The above-mentioned holders of the Scheme Shares may vote in person at the Meeting or they may appoint one or more proxies (who must be an individual), whether a member of PIHL or not, to attend and vote in their stead. A pink form of proxy for use at the Meeting is enclosed herewith.

In the case of joint holders, the vote of the most senior holder who tenders a vote, whether personally or by proxy, will be accepted to the exclusion of the vote(s) of the other joint holder(s), and, for this purpose, seniority will be determined by the order in which the names of the joint holders stand in the register of members of PIHL in respect of the relevant joint holding.

It is requested that forms appointing proxies be lodged, by hand or by post, with Computershare Hong Kong Investor Services Limited, the branch share registrar of PIHL, at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong not less than forty-eight (48) hours before the time appointed for the Meeting. If forms appointing proxies are not so lodged, they may be returned by facsimile at (852) 2506 0908 (marked for the attention of ''the Company Secretary'') up to the time of the Meeting or they may be handed to the chairman of the Meeting at the Meeting.

By the Order, the Court has appointed Mr. Alfred Chan Kai Tai, a director of PIHL or, failing him, Mr. Anthony Paul Chan, also a director of PIHL, or, failing that, any other person who is a director of PIHL as at the date of the Order to act as the chairman of the Meeting and has directed the chairman of the Meeting to report the outcome thereof to the Court.

The Scheme will be subject to the subsequent approval of the Court as set out in the Explanatory Statement contained in the document of which this Notice forms part.

Dated 4 July 2018

APPLEBY

Canon's Court

22 Victoria Street

Hamilton HM12

Bermuda

Attorneys-at-Law for

Portico International Holdings Limited

As at the date of this announcement, the Directors of the Company are:

Executive Directors:	Independent Non-executive Directors:
Mr. Alfred Chan Kai Tai	Mr. Wanhe Zheng
Mr. Anthony P. Chan	Mr. Antonio Delfin Gregorio
Mr. Jenny Ching Ching Tan	Mr. Kevin De-Kang Yin
Mr. Kun He